CUNNINGHAM, TAMPA, FL, 33603
$1,350,000
Residential Income
|
Bedrooms
10
|
Bathrooms
9
|
Living Area
6,455 Sqft
|
Lot Size
34,790 Sqft
|
This is a unique investment opportunity in the heart of Tampa's historic Seminole Heights neighborhood. The combined properties at 5113 and 5115 N Central Ave span approximately 0.8 acres, making it one of the largest residential and multi-family lots in the area. Currently, the property features nine units, including two single-family homes, with the potential to convert an existing storage unit into an additional apartment, increasing rental income. It is currently self-managed with below-market rents, presenting significant upside potential through value-add improvements. The property consists of eight 1 Bedroom 1 Bath and one 2 Bedroom 1 Bath units and has steady demand. Seminole Heights is known for its historic charm, early 20th-century bungalows, tree-lined streets, and a vibrant community filled with trendy restaurants, breweries, and boutiques. As the neighborhood continues to grow in popularity and value, this expansive lot offers both immediate income and long-term appreciation potential. Don't miss out on this exceptional opportunity to own a prime asset in one of Tampa's most sought-after areas. The property has 6 buildings, consisting of 4 duplexes and 2 stand alone homes. Future Land Use R-20
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8349274 | Year Built: | 1942 | |
| Community Features: | Street Lights | Construction Materials: | Asbestos, Block, Stucco, Frame | |
| Cooling: | Central Air, Wall/Window Unit(s) | Country: | US | |
| County Or Parish: | Hillsborough | Exterior Features: | Balcony, Courtyard, Fence, Private Mailbox, Sidewalk | |
| Financial Data Source: | Owner | Flooring: | Carpet, Tile, Wood | |
| Foundation Details: | Crawlspace, Slab, Stem Wall | Heating: | Central, Electric, Space Heater, Ductless | |
| Laundry Features: | Common Area, Laundry Room | Lease Term: | Twelve Months | |
| Levels: | Multi/Split | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Occupant Type: | Tenant | |
| Other Structures: | Storage | Parking Features: | Off Street, Open | |
| Patio And Porch Features: | Front Porch, Rear Porch | Pets Allowed: | Dogs OK | |
| Property Sub Type: | Multi Family | Property Type: | Residential Income | |
| Road Surface Type: | Paved | Roof: | Membrane, Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Appointment Only, Call Before Showing, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, No Lockbox, See Remarks | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Tenant Pays: | Electricity, Gas | |
| Utilities: | Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected | Water Source: | Public | |
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